Is the Fed Going to Intervene in Cue?

This is exactly what a lot of people theorized would happen in reserve currency collaps type of scenario. The question isis, how much do you need to intervene? How much liquidity needs to be injected into your gilt markets to prop it up so that your pention funds don't blow up? And so that that starts the tren that we've been talking about since april when we had the first negative gdp print here in the united states. We posited later this year, if gDP is going negative, things are getting crazy and inflation still high.

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